Metals News
[Cu] CBI Morning Review - 2008/12/3 Copper Market
data analysis
01:16PM
Dec 7,2009
Source:SMM

SHANGHAI, Dec. 3 (CBI China) -- Global manufacturing PMI index in November was announced today, further declined to only 36.4. Increase of inventory also hampered copper prices, three-month LME copper are weak to rebound, closed at USD 3,525/mt, down USD 85/mt, inventories increased 1,825mt. Positive affect by state reserve plan of non-ferrous metal has been digested up by market, SHFE copper price will continue fluctuate closely with LME copper price. 


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